Senate Minority Leader Mitch McConnell (R-KY) said Wednesday the Biden’s administration’s infrastructure bill is “like a Trojan horse.”
“It’s called infrastructure, but inside the Trojan horse, it’s going to be more borrowed money and massive tax increases on all the productive parts of our economy,” McConnell reiterated. “It’s like a Trojan horse.”
McConnell said if the plan is “going to have massive tax increases and trillions more added to the national debt, it’s not likely” he would support the measure.
The legislation also includes a proposition to tax American businesses at a higher corporate tax rate than Communist China charges American businesses. If the $2.25 trillion bill is passed into law, the corporate tax rate will increase from 21 percent to 28 percent, outdoing Communist China’s corporate tax rate of 25 percent.
Breitbart News also reported the bill “includes $300 billion for housing and $400 billion for elderly and disabled